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Dec 23, 2012
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british foreign secretary harold mcmillan wrote was jeff is a mischief. how can this that man with his big eyes and lips flow of talk really be ahead, the bizarre of all these millions of people of this vast country? khrushchev seemed to be equal parts bluster and insecure. to his son, sergei, he was worried he was not properly dressed for dinner at the summit, and the plane he flew into geneva was smaller than the planes of the western leader. chris job like to brag and threaten. he like to wag his finger at the west saying we will bury you. he wanted to test the west. the testing price, flashpoint was berlin, the former german capital, over 100 miles inside time in his east germany but was still a free city protected by the western powers. in november 1958, khrushchev delivered an ultimatum. the west had to be out of berlin and six months, or else. this is a crisis, the greatest crisis of the cold war up to that point. the press, congress and much of the eisenhower administration this men were. we need to show resolve, it was said, to beef up our troop
british foreign secretary harold mcmillan wrote was jeff is a mischief. how can this that man with his big eyes and lips flow of talk really be ahead, the bizarre of all these millions of people of this vast country? khrushchev seemed to be equal parts bluster and insecure. to his son, sergei, he was worried he was not properly dressed for dinner at the summit, and the plane he flew into geneva was smaller than the planes of the western leader. chris job like to brag and threaten. he like to...
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jeff, you have your horns fully placed here. why so firmly if the clarity isn't really there when it comes to what the actual global land scape is looking like from europe to here in the u.s.? >> well, i just spent two weeks in europe, and i don't think things are as bad in europe as a lot of people do. liz: why not? >> the politicians, the bankers and the bureaucrats are the same in europe as they are here. they don't want to lose their jobs, and they're going to continue to paper over this and try to buy time just like we did in our fiasco in '07, '08 and '09. david: david, on the other hand, some people would say what they're doing is stunting growth, raising tax rates, something that may stunt our growth as well. you say that this bull market is overbought right now. it's about to end. why and how sharp a correction are you expecting? >> well, we believe that the high of 12 weeks ago was probably the high for the whole recovery cycle the that started in march of '09. remember that the u.s. stock market was the only market in
jeff, you have your horns fully placed here. why so firmly if the clarity isn't really there when it comes to what the actual global land scape is looking like from europe to here in the u.s.? >> well, i just spent two weeks in europe, and i don't think things are as bad in europe as a lot of people do. liz: why not? >> the politicians, the bankers and the bureaucrats are the same in europe as they are here. they don't want to lose their jobs, and they're going to continue to paper...
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Dec 10, 2012
12/12
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another thing, factor to keep in mind just the level of enthusiasm among mormon voters were voting for jeff flake but also get mitt romney on the ballot, a mormon candidate. to get high levels of enthusiasm among mormon, the mormon electorate to vote for the two candidates, and that was a significant hurdle for carmona, and obama's campaign to overcome in arizona. >> let's delve into that really briefly because it seems like there is, it seems like there's a potential path for victory for republicans that doesn't necessarily involve latino voters if they can find other ways to tap in and expand their bases. as you just said such as the mormon vote. i guess the question is, the republican party in arizona, how do they go forward? do they choose to move towards trying to find other cases of support? do they try to reach out to latino voters? what is their strategy going forward, and how viable is that strategy? is there a viable strategy for them to find voters elsewhere and ignore the latino voter? >> i don't think they can continue to ignore the latino vote. now that jeff flake is in office
another thing, factor to keep in mind just the level of enthusiasm among mormon voters were voting for jeff flake but also get mitt romney on the ballot, a mormon candidate. to get high levels of enthusiasm among mormon, the mormon electorate to vote for the two candidates, and that was a significant hurdle for carmona, and obama's campaign to overcome in arizona. >> let's delve into that really briefly because it seems like there is, it seems like there's a potential path for victory for...
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Dec 8, 2012
12/12
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many know it's a non-profit organization that was started by earl morris who is here with us today and jeff miller. that flies world war ii veterans to see the beautiful memorial at no cost to the veteran. they fly from 117 cities from across the country and flown over 100,000 veterans to date. for the past two years, my business partners and i and our team have toll involved the veterans from the awesome stars and types honor flights in milwaukee. it's i hon honor to direct your attention to two world war ii veterans. they are amazing guys and become my friends. i would like to acknowledge julian and his daughter julie. can you give a waive? there's julian. [applause] julian served on the navy as a cook and also on the burial dispow -- he's a publish poet and took the first trip to washington, d.c., on a honor flight. next i want to tell you about joe. who is a accompanied by his wife. can you say i had, joe? [applause] many of you know joe but you might not know why. a picture was taken of him in 19 hay for the life magazine. it was called the "human skelton" weighing over 90 pounds. he b
many know it's a non-profit organization that was started by earl morris who is here with us today and jeff miller. that flies world war ii veterans to see the beautiful memorial at no cost to the veteran. they fly from 117 cities from across the country and flown over 100,000 veterans to date. for the past two years, my business partners and i and our team have toll involved the veterans from the awesome stars and types honor flights in milwaukee. it's i hon honor to direct your attention to...
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Dec 13, 2012
12/12
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and i do want to say that we're really going to miss senator jeff bingaman, our chairman on that energy committee. he has done a remarkable job at putting clean energy front and center of our agenda. and then this tax credit was most recently extended in 2009 as part of president obama's recovery act. so renewable energy has enjoyed long-standing bipartisan support, and the wind tax credit has been a great success. the cost of wind power has fallen dramatically as the presiding officer knows, it has fallen dramatically over the years. for example, general -- g.e.'s wind power costs have dropped from 15 cents per kill a watt-hour to near five cents in the last ten years. wind is becoming cost competitive with fossil fuels. on some days, it's the cheapest electricity available. let me just repeat that because that's important, because we hear arguments out there that, oh, this is expensive, but on some days, it is the cheapest electricity available. the department of energy estimates we could receive 20% of our electric power from wind alone by 2030, but we need to stay the course and sup
and i do want to say that we're really going to miss senator jeff bingaman, our chairman on that energy committee. he has done a remarkable job at putting clean energy front and center of our agenda. and then this tax credit was most recently extended in 2009 as part of president obama's recovery act. so renewable energy has enjoyed long-standing bipartisan support, and the wind tax credit has been a great success. the cost of wind power has fallen dramatically as the presiding officer knows,...
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jeff flock live in wisconsin with an exclusive look at the manufacturing facility. i know a lot of neighbors up there in the northeast buying generators. jeff: you can't make them fast enough. this is the generator capital of the world's. they're the top manufacturers of what you are looking at right there. that is a home backup power system. after this storm everybody wants one. >> people are really tired of power quality issues in the u.s. exclusive for today. >> the ceo, we were talking before we went on. your business is booming. everything is great but you are approaching the fiscal cliff. when you heard tim geithner say we are ready to go over it if we don't get a deal, what does that do to a man expanding? >> it is disappointing but frightening because the federal government prepared to go over that cliff, i can tell you not a lot of good things will come from that. >> this market is booming because of what happened with said any. people say i don't want to be left without power again and again and again. this is your top model, the backup system, as soon as
jeff flock live in wisconsin with an exclusive look at the manufacturing facility. i know a lot of neighbors up there in the northeast buying generators. jeff: you can't make them fast enough. this is the generator capital of the world's. they're the top manufacturers of what you are looking at right there. that is a home backup power system. after this storm everybody wants one. >> people are really tired of power quality issues in the u.s. exclusive for today. >> the ceo, we were...
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Dec 2, 2012
12/12
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jeff, why is it that the crisis seems to be heating up? you point out that the congo that the government's army is losing battle after battle. being routed in battle after battle by the rebels. >> i think this is really an issue of state failure. i've been covering congo for six years and i've seen the country get weaker and weaker since i began. there was a big election in 2006 that created a lot of hope and enthusiasm that things were turning around. they haven't. since then, the government has become more authoritarian, more corrupt, more rebel groups. what we are seeing is a symptom and cause. it's a symptom of this weak state that can't control its own territory. watch the couple hundred rebels march into the big es city in the country and they didn't do much about it. that's also a cause. now that the rebels have taken goma, a lot of other opposition groups are starting to think wait, maybe now is the time to really take on the government, and people are smelling blood in the water, and that's the worry that these rebels in eastern c
jeff, why is it that the crisis seems to be heating up? you point out that the congo that the government's army is losing battle after battle. being routed in battle after battle by the rebels. >> i think this is really an issue of state failure. i've been covering congo for six years and i've seen the country get weaker and weaker since i began. there was a big election in 2006 that created a lot of hope and enthusiasm that things were turning around. they haven't. since then, the...
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i'm joined by my guests in new york meanwhile she is the president of national action against obesity jeff steer he is a senior fellow at the national center for public policy research and donica moore she's a woman's health expert an advocate physician educator and a media commentator on cross talk rules and effect folks that means you can jump in anytime you want me i probably should lose a few pounds because of the food i eat so should that food that i eat be taxed to teach me to eat wetter better and to be have better health.
i'm joined by my guests in new york meanwhile she is the president of national action against obesity jeff steer he is a senior fellow at the national center for public policy research and donica moore she's a woman's health expert an advocate physician educator and a media commentator on cross talk rules and effect folks that means you can jump in anytime you want me i probably should lose a few pounds because of the food i eat so should that food that i eat be taxed to teach me to eat wetter...
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but the goal states generosity is now being met with increasingly high levels of suspicion alexia's jeff ski's got the story for us. france is already no stranger to qatari dollars fans of parisian football club present your man cannot believe their luck ever since middle east and shakes invested into the team they've bought world class players and hired a top coach now this small business owner hopes he can also have a slice of the pie and huge economic crisis financing from governments are. too big to be obtained talking about cuts or we are talking about business we don't have any finance so we have the financing of financially and. with them. we can go ahead and that may soon happen nicolas sarkozy's administration cemented ties with doha placing a military base in the gulf state and signing an investment deal now guitarist invest fifty million euros into the french economy primarily to help small businesses and rebuild parisian slums mostly inhabited by immigrants from arabic and african states. who oversaw the deal says this will help many the songis maybe. that will help these you
but the goal states generosity is now being met with increasingly high levels of suspicion alexia's jeff ski's got the story for us. france is already no stranger to qatari dollars fans of parisian football club present your man cannot believe their luck ever since middle east and shakes invested into the team they've bought world class players and hired a top coach now this small business owner hopes he can also have a slice of the pie and huge economic crisis financing from governments are....
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Dec 11, 2012
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news, jeff greenfield. and from washington and msnbc political analyst, eugene robinson. >> i'm reading the jeff greenfield column. >> isn't it fantastic? >> it's always fantastic. he posted at 4:00 a.m. this morning. i was weeping by 4:15. it was unbelievable. it really was. except i disagree with it. everything about it. the misleading second term curse. poor barack obama, after fighting and spending his way to a close but clear re-election, he's doomed to four years of agony, thanks to that second term curse that affects just about every president who's had the misfortune to win a second term. the litmyany appears compelling from lincoln to fdr setback to nixon's disgrace to reagan's iran contra scandal to clinton's impeachment, to george w. bush's collapsing popularity a second term sounds so unappealing it's almost surprising obama didn't ask for a recount. it doesn't afflict every president. second, for many president, the woes of the second term are rooted in action and decisions taken in the first t
news, jeff greenfield. and from washington and msnbc political analyst, eugene robinson. >> i'm reading the jeff greenfield column. >> isn't it fantastic? >> it's always fantastic. he posted at 4:00 a.m. this morning. i was weeping by 4:15. it was unbelievable. it really was. except i disagree with it. everything about it. the misleading second term curse. poor barack obama, after fighting and spending his way to a close but clear re-election, he's doomed to four years of...
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Dec 7, 2012
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i actually think i'm like jeff dunham. i'm a ventriloquist forcing the governor of rhode island to call it a holiday tree. he didn't say that i made him say that. >> they want to deny it because they don't want to fight it the war on christmas did start in earnest this year with your debate with the governor of rhode island lincoln chafee who by the way to quote the great late fog horn leg horn is about as sharp as a bowling ball this guy when he got in the ring with you, bill, like justin bieber getting in the ring with mike tyson. the war on christmas is very very real. and if you ask me, you know, in addition to some grouchy, you know, throp pick heathen atheist it has to do with two things. abortion and the gay rights agenda because christianity is against those things and that's subtle but that's why it's so pronounced in recent years. in my opinion. >> bill: 100% agree. i absolutely agree 100%. it's the diminishment of christianity is the target and christmas is the vehicle because the secularists know the opposition
i actually think i'm like jeff dunham. i'm a ventriloquist forcing the governor of rhode island to call it a holiday tree. he didn't say that i made him say that. >> they want to deny it because they don't want to fight it the war on christmas did start in earnest this year with your debate with the governor of rhode island lincoln chafee who by the way to quote the great late fog horn leg horn is about as sharp as a bowling ball this guy when he got in the ring with you, bill, like...
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Dec 3, 2012
12/12
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joining us now is jeff sonnenfeld. jeff, it's great to have you here this morning. >> thanks, becky. good to be with you. >> nobody knows corporate management better than you do. why don't we take a look back. tell us first of all what you think maybe the one or two best shake-ups were just in terms of where management success is headed in a company. >> some of the changes that were kind of interesting, is companies like yahoo! ibm and hp. to all be headed by truly brilliant experienced women who have earned their stripes. we can talk about how each is doing on the job, but it is quite a break through year to have these technology titans let by such accomplished leaders. but i would say the moves at apple, as tim cook has found his oats and a critical top lieutenant under jobs was a bold move and widely celebrated, but not initially understood. jenny romini at ibm, it is an incredible story. they've had, you know, a little bit of market disappointments most recently. but it's been a tremendous story. they know what the
joining us now is jeff sonnenfeld. jeff, it's great to have you here this morning. >> thanks, becky. good to be with you. >> nobody knows corporate management better than you do. why don't we take a look back. tell us first of all what you think maybe the one or two best shake-ups were just in terms of where management success is headed in a company. >> some of the changes that were kind of interesting, is companies like yahoo! ibm and hp. to all be headed by truly brilliant...
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Dec 17, 2012
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question, is jeff immelt's cozy relationship with the president costing general electric shareholders money? we will be discussing it. and i lost on friday when i questioned "the washington po " post's" claim that the senate would be better with more women. i'm not done debating that. more coming up on this program today. and we want to hear from you as well. send your e-mails to varney@foxbusiness.com and we read them on the air. and we read all of them, by the way. i've got news, clearwire selling itself to sprint for $2.97 a share and sprint raised its offer by 7 cents. some clearwire shareholders wanted and expected more. that stock is down. sprint is up, it's getting what people consider a good deal, at least that's what the market is saying. it's up what, 4 cents, not much. aig selling the rest of its asian insurance unit it's going to bring in 6.5 billion dollars. that was the jewel in the aig empire, being sold. general electric, meeting with investors in new york today. on friday it raised its dividend, but it will pay it next year. not good for shareholders because if taxes
question, is jeff immelt's cozy relationship with the president costing general electric shareholders money? we will be discussing it. and i lost on friday when i questioned "the washington po " post's" claim that the senate would be better with more women. i'm not done debating that. more coming up on this program today. and we want to hear from you as well. send your e-mails to varney@foxbusiness.com and we read them on the air. and we read all of them, by the way. i've got...
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jeff: level vehicle has caught fire in a couple cases. at least a dozen fires, ford a skate and ford fusion, the focus, not so much the vehicle but the engine, the 1.6 ego boost engine. most of the recalls have been of the escape. that is a huge car for ford, and they unveiled it at the l.a. auto show. it is the second best seller of any car, the ford f-series truck, sold 20,000 escapes last month that 73,000 have been recalled. here is the scary part. it is an important engine but in addition to if your hot engine llght comes on, you pull over and get out of the vehicle the scary part for the company is they do not have a fix for of this. they're giving anyone who brings their car in for the recall a freeloader but at this point they do not know what the problem is. ford stock down today and gm's stock down on reports of bigger inventories of the gm trucks than they thought so not a good day for the automakers but a particularly bad day for ford until they get their arms around this problem. is only as some would say less than the one hu
jeff: level vehicle has caught fire in a couple cases. at least a dozen fires, ford a skate and ford fusion, the focus, not so much the vehicle but the engine, the 1.6 ego boost engine. most of the recalls have been of the escape. that is a huge car for ford, and they unveiled it at the l.a. auto show. it is the second best seller of any car, the ford f-series truck, sold 20,000 escapes last month that 73,000 have been recalled. here is the scary part. it is an important engine but in addition...
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Dec 7, 2012
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jeff fettig, appreciate it. >> coming up next, u.s. job growth picking up in november with nonfarm payrolls resulting in 146,000. is goldman's chief economist pleased with this number? find out when we have an exclusive next. when you take a closer look... ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. >>> november jobs number coming in as quite a surprise to most. the street believed the numbers would be significantly lower due to sandy's impact. the labor department saying that was not the case. joining us exclusively, jan haszius. will we come in next month with huge very rigrevisions down to number. >> i don't think so. i don't think there's that much news in the report. the headlines of course are much better both on the establishme
jeff fettig, appreciate it. >> coming up next, u.s. job growth picking up in november with nonfarm payrolls resulting in 146,000. is goldman's chief economist pleased with this number? find out when we have an exclusive next. when you take a closer look... ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's...
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Dec 12, 2012
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this is a quote from jeff sessions today. washington has become possessed by the idea that a small group of negotiators meeting in secret can solve the deep, painful and systemic problems plaguing this country. this is a siren song. do you think the process here at large is flawed? >> well, i don't know that you would get anything better if you had both bodies working on it in total. we are where we are. i think the best chance we have now are for the negotiators to strike a deal and put that on the floor of the house and the senate. >> of course, last time, speaker boehner did a deal with obama. it was actually rejected by the rest of the gop, and the whole thing fell apart. how significant is it as boehner looks to make room amongst your party for a compromise that he's removed four outspoken cob serve tiffs from the high profile committees in the new congress? >> i don't know if that has much to do with the deal coming up, or threats to force people to make a deal. but he's got a difficult job, no doubt. but i think we all
this is a quote from jeff sessions today. washington has become possessed by the idea that a small group of negotiators meeting in secret can solve the deep, painful and systemic problems plaguing this country. this is a siren song. do you think the process here at large is flawed? >> well, i don't know that you would get anything better if you had both bodies working on it in total. we are where we are. i think the best chance we have now are for the negotiators to strike a deal and put...
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Dec 31, 2012
12/12
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one here from jeff who says i resolve to invest in pets and pampering. petsmart people love pets and profit from it. that's true, actually. ac tweets to accomplish my 2012 resolutions. that's one where i think a lot of us would agree. if you want to join the conversation, send in your thoughts worldwide@cnbc.com. tweet us, @cnbcwex or tweet us individually. >>> the senate in the race against the clock as lawmakers try to solve the fiscal cliff impasse ahead of tonight's deadlines. >>> china ends the year as a sign of manufacturing growth as manufacturing activity hits itself fastest pace in 12 months. german, japanese and hong kong stocks are leading the way today. here is a look at today's other top stories. congress may be able to avoid the so-called dairy cliff. the house and senate agriculture committees are set to temporarily extend the u.s. farm bill. the move would keep a long dormant milk subsidy from coming back to life when the current farm bill expires today. the usda would be forced to buy milk well above what price they currently buy. we sho
one here from jeff who says i resolve to invest in pets and pampering. petsmart people love pets and profit from it. that's true, actually. ac tweets to accomplish my 2012 resolutions. that's one where i think a lot of us would agree. if you want to join the conversation, send in your thoughts worldwide@cnbc.com. tweet us, @cnbcwex or tweet us individually. >>> the senate in the race against the clock as lawmakers try to solve the fiscal cliff impasse ahead of tonight's deadlines....
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Dec 28, 2012
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. >> we have jeff carter. we're going to talk about the fiscal cliff but from a much more cynical perspective. he believes that the cbo's call, if we go over the cliff in recession, well, he doesn't believe him. he says there is a keynesian base. what does it mean? he too cynical? i don't know. tune in in about 11 minutes to find out. >>> financials and the fiscal cliff plus the looming february stress tests is the big bank runup of this year finally coming to a close? brad hintz is an equity research analyst and joins us from new york. good to see. good morning. >> thanks for having me. >> new year is going to be fascinating to watch. dodd frank implementation. let's just talk about the rules first. investors know these are coming and why are the stocks trading up in light of what we know is going to be a different kind of year? >> well, one reason that you've seen the runup is a lot of the uncertainty seems to be to be working away. the banks are making the changes to live in this post basal 3 dodd/frank env
. >> we have jeff carter. we're going to talk about the fiscal cliff but from a much more cynical perspective. he believes that the cbo's call, if we go over the cliff in recession, well, he doesn't believe him. he says there is a keynesian base. what does it mean? he too cynical? i don't know. tune in in about 11 minutes to find out. >>> financials and the fiscal cliff plus the looming february stress tests is the big bank runup of this year finally coming to a close? brad hintz...
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Dec 28, 2012
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jeff tweets in to say st. petersburg would be a great trip. i always wanted to see the gold room. gene, though, is more interested in culinary delights. he says food and wine, travel to brazil, yucatan, mexico, chile and france. if you want to join in on the conversation, e-mail us, worldwide@cnbc.com. tweet us, @cnbcwex. >> the food always tests better if you're eating it in a local original place. >> it also doesn't have calories if you do it that way. >> no, it doesn't count. sitting in tuscany enjoying an italian dish, that might be on my list. speaking of italian, we had an auction that was very successful earlier and it was the last auction that we saw for the year. they've sold a large amount of bills across the board. the ten-year italian paper now yielding 4.5%. so we've seen more buying into the italian ten-year paper right now. again, we're heading into a year where we have the general elections taking place in italy. some are saying if berlusconi's party gets more traction, we could be looking at yields heading north once again in italy. the 5s, the 3s and the 2s all b
jeff tweets in to say st. petersburg would be a great trip. i always wanted to see the gold room. gene, though, is more interested in culinary delights. he says food and wine, travel to brazil, yucatan, mexico, chile and france. if you want to join in on the conversation, e-mail us, worldwide@cnbc.com. tweet us, @cnbcwex. >> the food always tests better if you're eating it in a local original place. >> it also doesn't have calories if you do it that way. >> no, it doesn't...
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Dec 17, 2012
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also 29-year-old jeff attarly killed. he just joined the force last year. >>> american injured overnight in a bomb blast in kabul, afghanistan. this is brand-new video of the aftermath of that car bombing. outside a compound, housing a u.s. military contractor. two afghan workers died in the attack. the taliban has claimed responsibility. >>> most detailed report on the benghazi, libya terrorist attack released today. the independent advisory review board will deliver its assessment. congress will see it. the state department will then make recommendations on improving security. secretary of state hillary clinton ordered this review, but she will not testify now about benghazi, at least not this thursday after fainting and suffering a concussion. >>> the latest moon mission coming to a crashing end. nasa's twin space probe named e ebb and flow will crash into the moon's surface. they've been orget bitting the moon for a year action creating a detailed map. the mission is complete. >>> those are your headlines. >> steve: k
also 29-year-old jeff attarly killed. he just joined the force last year. >>> american injured overnight in a bomb blast in kabul, afghanistan. this is brand-new video of the aftermath of that car bombing. outside a compound, housing a u.s. military contractor. two afghan workers died in the attack. the taliban has claimed responsibility. >>> most detailed report on the benghazi, libya terrorist attack released today. the independent advisory review board will deliver its...
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Dec 10, 2012
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jeff killberg of killer capital. you know, you spelled capital wrong in your name. i guess that was inadvertent. how should traders position themselves? i hear some of the people that are a little mover reactionary, they say capital gains rates could go up so much between now and the end of the year, many stocks could make advances because people will be selling. >> joe, although i'm very distraught at mantea's loss to the height man, i see seller's remorse. a lot of people are worried about that and rightfully so. but additional measures as well as we see some type of resolution out of washington, you could see a nice pick up here in the s&p and that could catch some shorts on the run. >> i wonder about that. with boehner was at any time we could hear that maybe a deal is close or a deal gets made. but, i mean, capital gains no matter what are going up, aren't they? >> that's inevitable, right. and you're seeing one things in the bits here behind me, which will be very loud here this afternoon, the treasury pit is an overcrowded trader now. that was opposite of the
jeff killberg of killer capital. you know, you spelled capital wrong in your name. i guess that was inadvertent. how should traders position themselves? i hear some of the people that are a little mover reactionary, they say capital gains rates could go up so much between now and the end of the year, many stocks could make advances because people will be selling. >> joe, although i'm very distraught at mantea's loss to the height man, i see seller's remorse. a lot of people are worried...
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Dec 10, 2012
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i want to thank jeff and gibby for giving me a great tour of the factory. i love coming. in addition to seeing the best workers in the world -- [cheers and applause] you also have all this cool equipment. i want to try out some of the equipment. the secret service would not let me. they said you're going to drop something on your head. they were wary eye when mess something up. i think they're happy the secret service would not let me touch the equipment. it has been a vet still over a month since the election came to an end -- it has been a little over a month since the election came to an end. it is now safe for you to turn your television is back on. all the scary political ads are off the air. you can answer your phone again. no one is calling you in the middle of dinner asking for your support. i have to admit. there is one part of the campaign i miss. it is a great excuse for me to get out of washington and comes to town like this and talk to people who work so hard every day looking out for their families and communities in just having a conversation about what kin
i want to thank jeff and gibby for giving me a great tour of the factory. i love coming. in addition to seeing the best workers in the world -- [cheers and applause] you also have all this cool equipment. i want to try out some of the equipment. the secret service would not let me. they said you're going to drop something on your head. they were wary eye when mess something up. i think they're happy the secret service would not let me touch the equipment. it has been a vet still over a month...
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Dec 19, 2012
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just a darned shame they can't do what they have to do now before they precipitate -- jeff immeld say it has gotten soft because of the uncertainty surrounding the cliff. >> you want to talk about bubble s? >> you mentioned the tech bubble in your previous comment. i was looking at numbers i find interesting. in 2000, cisco was selling at 100 times earning, had nobody recommending it and had no yield income and dividend dents at 6 1/2%. this morning, cisco less than 10 times earnings yields 3% and 10 year governments are 1.8% down from 6 1/2. 3% substantially over 10 year government bond rates. the government isn't an equity market, in my opinion a 10 year yield equity market. >> do you like cisco? >> we don't own it. we own qualcomm, we own sprint, googl google. >> you don't own apple? >> we did own apple. we did very well in it. we had a position through options but much smaller than it was. there are questions, issues. i'm not keen on their financial management, in terms of sitting on all that cash, earning zero. i think we should be more creative and innovative. a great company an
just a darned shame they can't do what they have to do now before they precipitate -- jeff immeld say it has gotten soft because of the uncertainty surrounding the cliff. >> you want to talk about bubble s? >> you mentioned the tech bubble in your previous comment. i was looking at numbers i find interesting. in 2000, cisco was selling at 100 times earning, had nobody recommending it and had no yield income and dividend dents at 6 1/2%. this morning, cisco less than 10 times...
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Dec 31, 2012
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jeff writes, ban the phrase greek bailout, just leave the euro and bring back the drachma. and tom writes, at the end of the day, the most overused phrase in the world today is "at the end of the
jeff writes, ban the phrase greek bailout, just leave the euro and bring back the drachma. and tom writes, at the end of the day, the most overused phrase in the world today is "at the end of the
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Dec 18, 2012
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you had ge's jeff immelt come out yesterday indicating yet again so much as investment is being put on the side while people are waiting for clarity and investors that have been running away from the stock market for the last few weeks could come back again if they think there's some kind of deal. if you look at the figures yesterday, you had about $240 billion going into bond funds so far this year. you've had 127 coming out of equity funds and that's partly because of the concern about where we're going with the economy, but also fiscal cliff. so there is real potential for pent up demand going into the market if people begin to trust that actually a framework has been put in place and a bit of political sanity has suddenly broken out. >> that could be a big christmas present. >> we were all obsessed with this, cliff, cliff, cliff, cliff, cliff, and then newtown hits, as well. and it's like, what are we talking about? we're talking about two points of some -- it's like wage -- you know, there's things that are much less important at that point. and, you know, it's like just do it, wo
you had ge's jeff immelt come out yesterday indicating yet again so much as investment is being put on the side while people are waiting for clarity and investors that have been running away from the stock market for the last few weeks could come back again if they think there's some kind of deal. if you look at the figures yesterday, you had about $240 billion going into bond funds so far this year. you've had 127 coming out of equity funds and that's partly because of the concern about where...
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Dec 19, 2012
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are you allowed to dissent like the way jeff lacker dissents? who would have been your pick? >> well, i was part of the group. and, you know, there was dissent within the group. you referred to earlier, yeah, it is one of the best things and the most fun things that we do within the group. but ultimately, it is rick stengel, the managing editor, it is ultimately his pick and what happens in the small council room stays in the small council room. >> jim, thanks so much. great seeing. >> nice to be here. >> jim frederick from "time." >> a battle brewing between facebook's instagram and twitter, and it involves your photos. we've got the details later on. right after the break, steven schoenfeld is here to tell us where your message money is being put to work in 2013. customer erin swenson bought from us online today. so, i'm happy. sales go up... i'm happy. it went out today... i'm happy. what if she's not home? (together) she won't be happy. use ups! she can get a text alert, reroute... even reschedule her package. it's ups my choice. are you happy? i'm happy. i'm happy. i'm h
are you allowed to dissent like the way jeff lacker dissents? who would have been your pick? >> well, i was part of the group. and, you know, there was dissent within the group. you referred to earlier, yeah, it is one of the best things and the most fun things that we do within the group. but ultimately, it is rick stengel, the managing editor, it is ultimately his pick and what happens in the small council room stays in the small council room. >> jim, thanks so much. great seeing....
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Dec 6, 2012
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. >> it's been a big year of musical chairs at jpmorgan, jeff staley was replaced at investment banking ceo in july and given a chairman title many onlookers looked at it as a swan song. in the six months, two financial services companies sought him out as a potential ceo, most recently legg mason, which has seen funds under management shrink by 40% since the last time staley was considered in 2008. talks have dissolved in the last month, a spokesperson says legg hopes to name a chief expeditiously. legg follows barclays which ousted its ceo following this summer's lie bore scandal. the board was set to see staley as one of its top candidates albeit an american and it went to antony jenkins. definitely a guy to watch who could be on the move, jes staley. >> back to bob pisani at post nine, maybe u.s. markets are not the story. >> a very strange global stock market i mentioned earlier we have new highs all over the world if you're a global investor you ought to be happy about this. let me show you here we've got new highs in germany, france, switzerland, hong kong, thailand, india is at
. >> it's been a big year of musical chairs at jpmorgan, jeff staley was replaced at investment banking ceo in july and given a chairman title many onlookers looked at it as a swan song. in the six months, two financial services companies sought him out as a potential ceo, most recently legg mason, which has seen funds under management shrink by 40% since the last time staley was considered in 2008. talks have dissolved in the last month, a spokesperson says legg hopes to name a chief...
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Dec 27, 2012
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one of the points made by jeff gunlop, his presentation he made a couple weeks ago, outlining he would be short yen and long japanese stocks. >> people watching not just january but china. ir ir ir iron oar a lot. >> let's get more insight from steve from web bush securities. how much of a nail biter is this for you in terms of fiscal cliff and the markets? >> i think pretty clear at this point that if there's a deal coming, it's gonna be coming very, very soon. i think the markets discounted the fact we are going to get some sort of deal t has held up fairly well here and i think if we don't get a deal, we will see a selloff. i don't know how considerable, but certainly see the 2, 3% decline in the market. >> does it amaze you, steve, that the markets, in your view, still consider a given that we are going to reach a deal? here we are thursday, december 27th. they still haven't issued a 48-hur notice for congress to return to capitol hill and yet you're saying the markets have baked in some sort of deal? >> yeah, i think so. i don't in he isly think the deal happened december 31st. if
one of the points made by jeff gunlop, his presentation he made a couple weeks ago, outlining he would be short yen and long japanese stocks. >> people watching not just january but china. ir ir ir iron oar a lot. >> let's get more insight from steve from web bush securities. how much of a nail biter is this for you in terms of fiscal cliff and the markets? >> i think pretty clear at this point that if there's a deal coming, it's gonna be coming very, very soon. i think the...
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Dec 27, 2012
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next call comes from jeff in texas. caller: i was just wondering, back when i was a teenager, young, dumb, and stupid. i did something stupid and got a felony charge and i'm 45 they are going still hold that against me. i bow hunt because i'm not allowed to own a gun. is there ever a statute of limitations of a felony convicted by a kid in order to purchase a gun? guest: this is a problem we hear quite a bit. people reform themselves and there is a system in place in most states and i'm pretty sure that texas has one too where the governor can grant a waiver to put you back into the pool of people that are able to obtain fire arms. but that is hard to do, it could be costly so it is difficult and this is one of the issues with the system. that being said, when the brady act was written in 1993 and when the gun control act was put in place, initially created a class of people that weren't allowed to own guns. they had to draw the line somewhere and people convicted of felony crimes, which are serious crimes, it made sens
next call comes from jeff in texas. caller: i was just wondering, back when i was a teenager, young, dumb, and stupid. i did something stupid and got a felony charge and i'm 45 they are going still hold that against me. i bow hunt because i'm not allowed to own a gun. is there ever a statute of limitations of a felony convicted by a kid in order to purchase a gun? guest: this is a problem we hear quite a bit. people reform themselves and there is a system in place in most states and i'm pretty...
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Dec 8, 2012
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., jeff landry facing off in a runoff election. they were forced to run in the same district in bayou because of the state's shrinking congressional delegation. both conservative republicans, landry a tea party freshman. we'll keep you abreast of what happens. >>> meanwhile, high drama about to surround the high court as the justices agree to take on the high-stakes issue of same-sex marriage. ♪ >>> the man with that most-watched youtube video of all time due to perform for the president in a few hours. but why is ps glshgs hy in hot ? first tax rates versus entitlements. which budges first? we'll talk it over. ♪ the weather outside is frightful ♪ ♪ but the fire is so delightful ♪ nothing melts away the cold like a hot, delicious bowl of chicken noodle soup from campbell's. ♪ let it snow, let it snow i heard you guys can ship ground for less than the that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break f
., jeff landry facing off in a runoff election. they were forced to run in the same district in bayou because of the state's shrinking congressional delegation. both conservative republicans, landry a tea party freshman. we'll keep you abreast of what happens. >>> meanwhile, high drama about to surround the high court as the justices agree to take on the high-stakes issue of same-sex marriage. ♪ >>> the man with that most-watched youtube video of all time due to perform for...